Health Insurance Broker for Small Business

Support Throughout The Entire Year - Not Just at Health Insurance Renewal Time

On a daily basis we'll be available to assist you and your employees with anything related to

• Claims (medical, dental, death)
• ID cards
• Billing
• Eligibility/enrollment
• Qualifying events
• Payroll deductions (with CGO payroll system)
• COBRA
• And any other benefit related questions (medical, dental, vision, life, HSA, FSA, etc.)
  
  

Technology

We'll Set Up a User-Friendly Online Open Enrollment & Benefits Management Site for You and Your Employees.

As a health insurance broker for small business, Connor & Gallagher OneSource (CGO) provides the Employee Navigator software to our group health insurance clients to administer their benefits and employee enrollments. This system is a robust employee & data management system that allows employees to enroll in benefits online, creates efficiencies through carrier & vendor integrations and provides extensive reporting capabilities. The system offers modules for Paid Time Off tracking, Onboarding & Custom Tasks, and 1094/1095 (ACA) Reporting, along with providing access to Document Library for compliance documents. The ease of accessibility of information for employees is a big plus for many clients, as the system can house all HR documents, benefit documents, news & articles, and benefit information for employees, and can be translated into 100+ different languages for any employees who would prefer to receive their information in another language.

Compliance

We conduct an initial compliance audit and continue to do this on an annual basis. Your team will stay in communication with the carriers to make sure the contracts are implemented correctly. In addition, we will work with the carriers and third-party vendors to meet or exceed the regulatory benefits provisions and ensure your carrier is aware of all applicable locations so that the carriers follow all state-mandated rules and regulations.

• DOL Compliance
• WRAP SPD and Plan Document
• Prepare Summary of Material Modification When Required
• ERISA Documents up-to-date With Current Regulations
• Provide Required
• ERISA/PPACA Model Notices
• Legislative Alerts
• Health Plan Compliance Deadlines Calendar

Health Insurance and Rx Savings Strategists

We believe strategic planning and cost savings is our greatest strength and the most important aspect of our service to you. We have implemented fully insured, self-insured, level-funded, and group health insurance captive plans. Within each of those funding methods we then have a number of proven strategies and levers to curb the health insurance spend of our client. Many of these strategies are unique and when we are talking to a prospect or new client typically they had no idea these options existed. We have an in-house health plan data specialist who will provide an actuarial analysis of your year-to-year claims history to determine your cost drivers and identify the strategy best suited for you.

Please note, not all strategies are appropriate for every business. There are a number of factors to consider when implementing strategies such as company size, appetite for risk, type of plan funding arrangement, and more. Our consultants will help you identify if there are strategies appropriate for your company and culture.

• Claims management strategies - we have strategies for Dialysis, Catastrophic Claims, Surgical Centers, Ambulatory, Professional Claims, Infusion Therapy
• Carrier Network Strategy - Depending on what carrier is chosen, an employer can customize their plan design to incentivize members to go to lower cost / higher quality facilities.
• Medical, Dental & Pharmacy Tourism - Traveling abroad to developing countries to obtain lower priced treatments.
• Carve Out Stop Loss - this is more of an administrative change but with the right partner can save 5 –10% of premium and implement better provisions to mitigate future risk.
• Post 65 plan - Offer a post-65 plan that coordinates with Medicare. It will yield ~30% savings with no balance billing. It’s a great option for employers with a post-65 population that are still actively working.
• Carve Out Rx - We have a proven strategy to save self-funded clients 20 – 30% of prescription drug costs. This is innovative but low-hanging fruit, the key is having the right partner (which we do).
• Patient Advocacy - carve out member services from the medical carrier and place with a specialty vendor. Their proven approach at engaging 80% of households is actuarial validated to produce on average 5 – 6% savings on claim spend.
• Referenced Based Reimbursement - partner with a vendor that pays providers based on a % of Medicare as opposed to traditional network discounts. This approach can yield 30% savings off of the medical spend. CGO has a unique crawl, walk, run, sprint strategy so you can dip your toe in the water and ease into this strategy.
  
  

Carriers and Vendors We Partner With

CGO works diligently to grow and maintain healthy working relationships with our carriers and vendor partners. We have a significant amount of business with all the major carriers and great relationships with senior management. One of the most important things a health insurance broker for small business should do is advocate for the best interests of their client and that's exactly what we do - seeking to find you the best benefit plans at the most affordable rates.

We'll Help You Put Together a Comprehensive Employee Benefits Package

Here’s a 2-minute video featuring our employee benefits practice leader, Luke Barnett, on building a comprehensive benefits package:

A Little More About Us

We are the health insurance broker for over 400 businesses across the U.S. Based in Lisle, Illinois just outside of Chicago Privately held and committed to remaining that way We were founded in 1997 Over 100 employees on staff We have consultants and service teams specializing in each of the areas of health insurance and employee benefits, business insurance, payroll, HR consulting, HRIS, 401k plans, financial planning, and home & auto Licensed in all states Experienced in multi-site employers and very capable of handling complex benefits arrangements

FAQs